A webinar that will feature discussions by economic and climate experts, policymakers and other stakeholders on a report that analysed inclusive green recovery and transition opportunities in Nigeria with a focus on the energy and agricultural sector will hold later this week.
During the webinar, the focus of the economic analysis will be to analyse green economic opportunities in the energy and agriculture sectors and provide sound evidence to help make national and selected sub-national governments’ investments more efficient to support green recovery and transition opportunities.
Titled “Economic analysis of green investment opportunities in Nigeria” and organised by the Centre for Climate Change and Development at Alex Ekwueme Federal University Ndufu Alike (AEFUNAI), Ebonyi State, in partnership with World Resources Institute (WRI) Washington DC, the webinar will hold on Wednesday, November 30, 2022.
Analysed options in the agricultural sector will feature discussions around sustainable rice management (SRM): intermittent aeration of rice paddy fields (~50% of total land area under paddy rice cultivation); sustainable cattle production (SCP); how to increase national cattle herd growth rate from current 1.5% growth rate to 3.3% per annum using sustainable/intensive management methods; and sustainable forest and land management (SFLM): improved natural forest management (~128,528 ha of natural forests).
Also, analyzed options in the energy sector analysis will feature discussions on the off-grid solar home system: providing 5 million off-grid households and SMEs with solar power; green energy for education: providing off-grid solar power supply to seven federal universities and seven university teaching hospitals across Nigeria; green energy for health: providing off-grid solar power supply to seven federal university teaching hospitals across Nigeria, substituting 30 million homes cooking with dirty fuels traditional biomass to LPG; and moving 7.3 million households currently cooking with traditional biomass to improved cook stoves.
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The webinar is an important part of a project aimed at conducting an economic analysis to identify inclusive green recovery and transition opportunities in Nigeria with a focus on the energy and agricultural sector in support of the Federal Government of Nigeria’s efforts to fulfil its NDC target and drive economic recovery and green growth.
The target was commissioned by the World Resources Institute (WRI) as part of the multi-country New Climate Economy (NCE) Project with support from Denmark’s Ministry of Foreign Affairs and implemented by The Centre for Climate Change and Development, Alex Ekwueme Federal University, Ndufu-Alike Ikwo.
The webinar will also disseminate the findings of the economic analysis and increase public awareness of, and stakeholders’ engagement in the economic analysis, as well as persuade the Nigerian Government at all levels to adopt the report in their present and future plan.
Director of the Centre, Prof. Chukwumerije Okereke, said that the webinar will offer a great platform for the sharing of findings from the economic analysis to the larger public, engaging the critical stakeholders and having a critical discussion on the findings by experts across the captured sectors.
He pointed out that some provocative findings from the conducted analysis will also be shared and recommendations from the virtual event documented and submitted to relevant government agencies for action and implementation.
He also said that the main presentations will draw from “Economic analysis of green investment opportunities in Nigeria”, a commissioned analysis by the World Resources Institute (WRI) as part of the multi-country New Climate Economy (NCE) Project with support from Denmark’s Ministry of Foreign Affairs and implemented by the Centre.
Story was adapted from EnvironNewsNigeria.